Dividend Stocks: Shares of several companies including Godrej Consumer Products, Tata Consultancy Services (TCS), Coforge, among several others will trade ex-dividend in the coming week starting from Monday, May 13. Along with these, some other stocks will also trade ex-split, ex-rights, and ex-bonus. Some companies have also announced other corporate actions including E.G.M, according to data on the BSE.
The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all the shareholders whose names appear on the company's list by the end of the record date.
Also Read: Stock Movers | Tata Motors, HDFC Bank among top 10 Nifty 50 stocks that swung 3-9% in first 7 sessions of May Standard Capital Markets: The company declared a special dividend of ₹0.01. Godrej Consumer Products: The company declared an interim dividend of ₹10. Gravita India Ltd: The company declared an interim dividend of ₹5.2.
Omax Autos Ltd: The company declared an interim dividend of ₹1.
Ador Welding Ltd: The company declared an interim dividend of ₹18.5 Aptus Value Housing Finance India Ltd: The company declared an interim dividend of ₹2.5. Coforge Ltd: The company declared an interim dividend of ₹19. Hindustan Zinc Ltd: The PSU declared an interim dividend of ₹10.